Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hokuriku Gas CoTSE:9537 -1.15%67 Median PS Value is 円3,932.53 as of Jul. 15, 2026, which is 100% below its 10-year median of 1.08. GuruFocus rates TSE:9537 with a GF Score™ of 67/100 and a GF Value™ of 円3,701.52 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 368 Utilities - Regulated companies, Hokuriku Gas Co ranks worse than 60.33% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Hokuriku Gas Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円13822.794. Hokuriku Gas Co's 10-Year median PS Ratio is 0.2845. Therefore, the Median PS Value for today is 円3,932.53.
As of today (2026-07-15), Hokuriku Gas Co's share price is 円4280.00. Hokuriku Gas Co's Median PS Value is 円3,932.53. Therefore, Hokuriku Gas Co's Price to Median PS Value for today is 1.09.
The historical rank and industry rank for Hokuriku Gas Co's Median PS Value or its related term are showing as below:
TSE:9537'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.72 Med: 1.08 Max: 1.32
Current: 1.09
During the past 13 years, the highest Price to Median PS Value of Hokuriku Gas Co was 1.32. The lowest was 0.72. And the median was 1.08.
TSE:9537's Price-to-Median-PS-Value is ranked worse than 60.33% of 368
companies
in the Utilities - Regulated industry
Industry Median: 0.98
vs TSE:9537: 1.09
Hokuriku Gas Co (TSE:9537) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Hokuriku Gas Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
4280.00
/
3,932.53
=
1.09
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hokuriku Gas Co Median PS Value Related Terms
Hokuriku Gas Co Median PS Value Historical Data
* Premium members only.
The historical data trend for Hokuriku Gas Co's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSE:9537 vs ATO, NI, UGI: Median PS Value Comparison
For the Utilities - Regulated Gas subindustry, Hokuriku Gas Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hokuriku Gas Co Price-to-Median-PS-Value vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Hokuriku Gas Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.2845.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hokuriku Gas Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円13822.794.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hokuriku Gas Co (TSE:9537) has a Median PS Value of 円3,932.53 as of Jul. 15, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Hokuriku Gas Co and its competitors. This is 364023% above median its historical median of 1.08. Over the past decade, Hokuriku Gas Co's Median PS Value has ranged from 0.72 to 1.32. According to the industry distribution chart, Hokuriku Gas Co ranks #222 out of 368 companies in the Utilities - Regulated industry, placing it in the top 60.3%.
Is Hokuriku Gas Co's Median PS Value too high?
Hokuriku Gas Co's current Median PS Value of 円3,932.53 is 364023% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.32. Based on the distribution chart, Hokuriku Gas Co ranks #222 out of 368 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hokuriku Gas Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Gas Co's Median PS Value compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokuriku Gas Co ranks #222 out of 368 companies for Median PS Value. This places Hokuriku Gas Co in the lower half of its industry. The industry median Median PS Value is 0.98. Historically, Hokuriku Gas Co's own Median PS Value has ranged from 0.72 to 1.32 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for an Utilities - Regulated company?
The median Median PS Value among Utilities - Regulated companies is 0.98, based on 368 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Hokuriku Gas Co and its competitors. For the Utilities - Regulated industry, the median Median PS Value is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Gas Co's current Median PS Value is 円3,932.53, which is 364023% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Gas Co (TSE:9537) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,701.52, compared to a current price of 円4,280.00 — trading 15.6% above its estimated fair value. The current Median PS Value is 円3,932.53, which is 364023% above median its 10-year median of 1.08. Hokuriku Gas Co's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Hokuriku Gas Co (TSE:9537), the current Median PS Value is 円3,932.53 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hokuriku Gas Co (TSE:9537) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuriku Gas Co stock appears to be overvalued.
The current stock price of 円4,280.00 is trading 15.6% above its estimated GF Value™ of 円3,701.52.
GuruFocus considers Hokuriku Gas Co to be Modestly Overvalued.
Key valuation signals for TSE:9537:
Median PS Value: 円3,932.53 (364023% above median its 10-year median of 1.08)
GF Value™: 円3,701.52 vs. price of 円4,280.00 (15.6% above fair value)
No single metric tells the full story. See the TSE:9537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas and gas-related equipment. It is involved in the manufacture, supply, and sale of city gas, as well as the operation of gas works and the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.
67GF Score
Get the complete analysis for TSE:9537
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9537 has been successfully added to your 
